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20121202
20121210
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KCSM (PBS) 3
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PBS
Dec 5, 2012 7:00pm PST
on the wealthy. he says this is needed to avert the impending fiscal cliff of automatic austerity measures that could drag the economy into recession. obama said on wednesday that federal revenues will not reach the level needed to implement his proposals to cut the deficit unless taxes are raised on the wealthy. >> there is a bottom-line amount of revenue that is required in order for us to get a real, meaningful deficit reduction plan. >> obama added that if republican officials acknowledged this reality, the actual numbers proposed by each party are not that far apart. republicans have made a counteroffer. they want to raise revenue by reviewing the current tax deduke system. house speaker john boehner has urged the president to compromise. >> our members believe strongly that raising tax rates will hurt the economy. now we need a response from the white house. >> unless the two sides reach an agreement by the end of this year, the automatic tax increases and spending cuts will take effect in the new year. >>> time to get a check on the markets now. the nikkei here in tokyo rose above t
PBS
Dec 2, 2012 6:00pm PST
. >> this week on "inside washington," heading towards the fiscal cliff. who is going to blink first? >> nobody can win everything. the republicans will have to give on revenue, democrats will have to give on entitlement reform. >> susan rice still in the bull's-eye. >> the concerns i have are greater today than before. >> lunch at the white house whitemitt. who will dare to break the no tax hike pledge? >> republicans who voted against the no tax hike pledged damage the brand for everyone else. captioned by the national captioning institute --www.ncicap.org-- >> thomas jefferson said the purpose of government is to enable the people of the nation to live in safety and happiness. jefferson said americans would be ok if they could keep the government from wasting their labors under the pretense of taking care of them. what is your government doing for you today? is it preparing to drive itself over a cliff like thelma and louise? >> despite the claim that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. >> if congress does nothing, every
PBS
Dec 4, 2012 7:00pm PST
off the fiscal cliff. let's take a look at currency markets. the dollar is also little change against the yen as u.s. budget talks continue. dollar/yen is in the upper 81 levels, 81.88 to 90. the euro, that is higher against the yen, 107.27 to 30 at the moment. worries are reseeding over eurozone debts. let's take a look at other markets in the apple open. kospi is trading flat on the day, 1,934. looking at australia, the benchmark index is trading higher by 1/10 of a percent, 4,508. modest moves so far this morning in the asia pacific. >>> japan and india launched a new framework to provide bilateral credit in u.s. dollars. the aim is to ease the impact of possible turmoil in the global financial markets on asia. the two countries worked out the details on tuesday. japan's prime minister and his indian counterpart had signed the currency agreement a year ago. under the framework both countries will be able to exchange up to $15 billion over the next three years. the two countries had a similar currency deal in 2008 when the global financial crisis hit asia. recently india's rupe has
Search Results 0 to 2 of about 3